- Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has approved the construction of new refineries
- The refinery licence was given to three companies including MB Refinery and Petrochemicals Company Ltd
- The latest development is a welcome boost for Nigeria in its efforts to become self-reliant in petroleum products
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Federal Government of Nigeria, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has issued a licence for the construction of new refineries to three Nigerian companies.
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